Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2022

Results of Operations Reported within Discontinued Operations

The following table represents selected information regarding the results of operations, which were reported within discontinued operations in Dominion Energy’s Consolidated Statements of Income:

	Year Ended December 31, 2021		Year Ended December 31, 2020
	Q-Pipe Group(1)		GT&S Transaction(1)			Q-Pipe Group
(millions)
Operating revenue	$	254	$	1,710		$	246
Operating expense(2)		76		1,289			96
Other income(3)		28		88			1
Interest and related charges(4)		25		372			20
Income before income taxes		181		137			131
Income tax expense (benefit)(5)		36		334			(9	)
Net income (loss) including noncontrolling interests		145		(197	)		140
Noncontrolling interests		—		106			—
Net income (loss) attributable to Dominion Energy	$	145	$	(303	)	$	140

(1)Operations associated with the Q-Pipe Group are through the December 31, 2021 closing date. Operations associated with the GT&S Transaction are through the November 1, 2020 closing date.

(2)GT&S Transaction includes a charge of $482 million ($359 million after-tax) recorded in 2020 associated with the probable abandonment of a significant portion of the Supply Header Project as well as the establishment of a $75 million ARO as a result of the cancellation of the Atlantic Coast Pipeline Project.

(3)Q-Pipe Group includes a $25 million benefit associated with the termination of the Q-Pipe Transaction in 2021.

(4)GT&S Transaction includes a loss of $237 million ($178 million after-tax) recorded in 2020 associated with cash flow hedges of debt-related items that were determined to be probable of not occurring.

(5)Excludes $17 million income tax benefit recorded in 2021 associated with the GT&S Transaction.

GT&S Transaction | Dominion Energy Gas Holdings, LLC

Capital Expenditures and Significant Noncash Items Relating to the Disposal Groups

Capital expenditures and significant noncash items relating to the disposal groups included the following:

	Year Ended December 31, 2021		Year Ended December 31, 2020
	Q-Pipe Group(1)		GT&S Transaction(1)		Q-Pipe Group
(millions)
Capital expenditures	$	34	$	292	$	38
Significant noncash items
Impairment of assets and other charges		—		469		—
Depreciation, depletion and amortization		—		177		27
Accrued capital expenditures		—		—		1

(1)Operations associated with the Q-Pipe Group are through the December 31, 2021 closing date. Operations associated with the GT&S Transaction are through the November 1, 2020 closing date.